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As of the December quarter of 2023, housing affordability in New South Wales, Victoria, South Australia, Tasmania, and the Australian Capital Territory have been all at their lowest in 20 years. In the past 12 months (to the December quarter of 2023), the weighted average capital city Australian median house price grew by 5.3% to $$1,005,242, maki…
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In Q3 2023, Panania recorded a median house price of $1,330,000, and a median unit price of $1,015,000. This is annual (Q3 2022 – Q3 2023) growth of 6.4% for houses and 18% for units. Sales increased between Q3 2022 – Q3 2023, by 13% (to 217 sales) for houses and significantly to 93 sales for units. Median house and unit prices did see a slight di…
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Australia’s economy is entering a new phase following 12 consecutive cash rate hikes since May 2022. With the cash rate currently in a ‘hold’ pattern (at 4.1%), there is a multiplier effect on all facets of life. How does this impact the property market for the rest of 2023 and early 2024? And is the cash rate the only issue?
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The PRD Affordable and Liveable Property Guides 2nd half 2023 are available for Brisbane, Sydney, Melbourne, Hobart, Gold Coast, and Perth. These guides provide valuable insights on property trends and how current economic conditions (including cash rate hikes) have impacted the market, as well as future developments for the next 6 months. For tho…
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Australia’s property market exceeded all expectations in 2020 and in the first half of 2021. The ‘doom and gloom’ and ‘market crash’ predictions did not eventuate, in fact, the op…
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The ‘PRD First Home Buyers’ Guide 2021’ is designed to help you quickly understand what is on offer to first home buyers around Australia. With so many programs and grants avail…
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2.50% increase in regional market growth instils heightened confidence as we step into 2015 and beyond. Find out why there is a two-paced market in Australias economy and property.
Consumer confidence has increased to positive levels. This report provides quick quarterly update on key national and state-level macroeconomic indicators.
With a budget of $1M one can afford approx. 49% of Sydney Metro suburbs. However with $500-$500k budget one can only afford 5.4-10%. Without doubt Sydney property market is getting hotter.
The St Leonards unit market is currently witnessing strong demand evident in the low days on market and strong median price growth.
The Chatswood property market witnessed high annual growth and favourable conditions throughout 2014, which is expected to continue throughout 2015 and beyond.
Quarterly update on key national and state-level macroeconomic figures: Australian Consumer Sentiment, Net Migration, Employment Status, Interest Rates, Home Loan Affordability, and Dwelling Approval…
South East Queensland experienced positive property price growth in 2014; despite a soft decline in transaction volume. Read further to discover predicted 2015 hotspot areas in Brisbane, Sunshine Coa…
The Camden Haven property market is seeing lower average days on market and less vendor discounting suggesting a strengthening market.
The Gosford regions property market has witnessed strong growth over the past 12 months with median house prices jumping 14.9%.
How has the property market reacted post-Federal Budget 2014 introduction? Includes a property clock for each capital city, metropolitan, and regional are in each state.
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